SkyAI, Inc. (SKYA) Form 10-Q — Aug 7, 2026
SkyAI, Inc. (formerly Sharps Technology) reported a net loss of $109.5 million for the six months ended June 30, 2026, versus net income of $5.5 million a year earlier, driven by $84.3 million in unrealized and $14.7 million in realized losses on its Solana treasury. The second-quarter loss alone was $23.3 million. The SOL treasury was marked at $144.3 million at June 30, 2026, down from $250.1 million at year-end 2025, with 2,003,676 SOL carried at a $381.6 million cost basis — roughly 62% underwater.
Key figures
- Revenue
- 192780
- Total Debt
- 0
- Total Assets
- 160350575
- Cash Position
- 12071008
- Shares Outstanding
- 42982506
- Atm capacity
- $236,605,575 (no sales during the six months ended June 30, 2026)
- Sol units held
- 2003676
- Avg sol sale price
- 92.09
- Sol cost basis usd
- 381570910
- Ga expense six months
- 10216580
- Staking revenue net q2
- 2323547
- Sol cost basis per unit
- 200.79
- Sensitivity 10pct sol move
- approximately $14.4 million impact on pre-tax income for the quarter
- Total warrants outstanding
- 92143194
- Share repurchases jan jun 2026
- 1,213,669 shares for $1,987,299 (plus $24,274 fees)
- Staking revenue net six months
- 5457656
- Prior year six month net income
- 5488141
- Stockholders equity dec 31 2025
- 264380146
- Stockholders equity jun 30 2026
- 157280135
- Related party consulting fees sol edge
- 5000000
- Digital commodities fair value dec 31 2025
- 250111125
- Digital commodities fair value jun 30 2026
- 144282193
- Realized loss digital commodities six months
- 14716799
- Unrealized loss digital commodities six months
- 84336553
Price after filing
Close on the filing date to close N calendar days later (from $1.17). Historical, not a forecast.
AI analysis
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